When a New York will contemplates the sale of real property, the difference between a mandatory direction to sell and a mere power or authority to sell is not semantic. It determines whether equitable conversion occurs at deathโand whether beneficiary-level liens can complicate administration and closing.
Direction to Sell vs. Power to Sell
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- Real Property
- Devise
- Executors
- Probate
- Fiduciary Duties
- New York
- ๐ Premium Content
- Specific Devise
- Wills
Hani Sarji
New York lawyer who cares about people, is fascinated by technology, and is writing his next book, Estate of Confusion: New York.
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